Earnings per share for 1HFY2024 stood at 5.9 cents, up 195% compared to the 2 cents in 1HFY2023.
Baker Technology has reported earnings of $11.9 million for its 1HFY2024 ended June, surging up 189% from $4.1 million recorded in the same period last year.
This is due to higher contributions from chartering activities, lower administrative expenses due to absence of allowance for expected credit loss and higher foreign exchange gains as the US dollar strengthened.
